Tae Kim

Tae Kim

Why I’m Snubbing the New IPhone for an Android Galaxy

The world’s best-selling smartphone may not be tops when it comes to navigating life during a global pandemic. At least that’s what I discovered — and it’s why I ditched my iPhone. Normally, swapping out an iPhone for a competing device just weeks ahead of Apple Inc.’s annual September iPhone…

FTC’s Second Crack at Facebook Carries a Lot of Weight

The many reports pointing to the death of the government’s antitrust case against Facebook Inc. were greatly exaggerated. The Federal Trade Commission has decided not to give up. On Thursday, the regulatory agency refiled its federal lawsuit against the internet giant, contending the company…

Chip Crisis Shows Signs of Easing, But There's a Catch

Since early in the pandemic, soaring demand for consumer electronics led to persistent chip shortages. Some recent signs suggest the situation may finally be starting to change. An executive at the memory-chip maker Micron Technology Inc. said last week at an investor conference that demand for…

Who Will Win the Metaverse? Not Mark Zuckerberg or Facebook

Did you hear? Facebook Inc. is going to become a metaverse company. At least that’s the story its management wants everyone to believe after a flurry of interviews and announcements over the past couple of weeks. It’s a narrative that seeks to put the social-media giant at the leading edge of one…

Zoom's Next Act Is a Big Threat to the Rest of Tech

The pandemic catapulted Zoom Video Communications Inc. from a scrappy upstart into a more than $115 billion video-conferencing behemoth, central to the lives of millions of remote workers and other socially distant users. Now, as Covid-19 vaccination rates allow for more of a return to normal, the…

How Netflix Could Go Big in Gaming

Hi there, it’s Tae from the Bloomberg Opinion team. Netflix Inc. is getting into gaming—but it’s starting small. Last week, the streaming video leader tempered expectations over the planned move into interactive entertainment. On an investor call, the company’s management said it would begin…

Amazon Is Slowing. Should Investors Worry?

Jeff Bezos stepped down as chief executive officer of Amazon.com Inc. earlier this month after one of the most legendary runs in the history of business. The big question now is whether his successor, Andy Jassy, can keep the momentum going. Judging from the company’s latest earnings results, he…

Snap’s Four Secrets of Super-Specialness

Snap Inc. is proving itself to be a cut above the rest. Its latest results show why. The social-media company reported second-quarter earnings late Thursday that crushed Wall Street’s expectations. Revenue in the period surged 116% from a year earlier to $982 million, handily beating the…

TikTok’s Plan? Conquer E-Commerce, Gaming and Everything Else

This month marks the one-year anniversary of the Trump administration’s initial threat to ban ByteDance Ltd.-owned TikTok, entangling the social media platform into the unpredictable web of geopolitics. But despite the existential distraction, the app has thrived over the past year. And now with…

Facebook’s $1 Billion for Creators Is Not Cool Enough

Facebook Inc. is betting big to get its piece of the creator economy. But even for a dominant technology platform, money alone doesn’t guarantee success. On Wednesday, the company announced plans to pay more than $1 billion to creators by the end of 2022 for making content on its platforms —…